CropX acquires Dacom in continued agrifoodtech rollup
This marks the third acquisition for CropX since the start of 2020 as it aims to offer the most comprehensive suite of tech services to farmers.
This marks the third acquisition for CropX since the start of 2020 as it aims to offer the most comprehensive suite of tech services to farmers.
CropWalk CEO Charlie McKenzie said that his company’s clients “want us around more often; with iUNU, we can be there all the time.”
The deal “sets an example for a novel way of building and growing a company as part of the accelerating [alt-protein] industry,” said Shiok Meats CEO Sandhya Sriram.
The Australian plant-based protein startup may have secured funding from Chinese food and grocery delivery ‘super app’ Meituan.
“When we invested, what I loved about Bear Flag was that they were solving the right problem,” writes AgFunder partner Rob Leclerc about his firm’s exit from the ag automation startup.
This is Deere’s second major automation acquisition in the past four years.
Investor backing for technologies focusing on or close to the farm soared to $7.9 billion in 2020, or 41%, representing a bigger year-over-year jump than both agrifoodtech and global VC investing.
Upstream categories – that is, technologies and business models nearer the farm or lab – outstripped downstream funding in 2020 for the first time in seven years.
The AgFunder-backed program will showcase 10 game-changing startups offering sustainable solutions in alt-protein, smallholding, food waste reduction, and more.
Rise Gardens founder Hank Adams launched the in-home farming startup after finding the economics of large-scale indoor farming too daunting.
Japfa and GROW have unveiled the 5 winners of Japfa Feeds the Future – a startup challenge aimed at advancing protein production and food resilience in Asia.
AppHarvest also announced the appointment of former Amazon tech exec Mark Keller to head up its on-farm robotics efforts.
The Barcelona-based company started out as an online store for cut flowers. Since then it has gone B2B and added houseplants to its lineup – and now it’s using tech to revolutionize floriculture.
The Singaporean startup is deploying its robotics platform across multiple industries – including indoor ag, where it streamlines crop inspection and harvesting.
Zomato, which competes for the mantle of India’s top food delivery app with rival Swiggy, is reportedly valued at $12.2 billion post-IPO.
Conservis provided an exit to its investors 12-years after its founding and the “odd” deal showcases a key way forward for digital adoption on the farm.
A new report from the investor group examines how 10 major animal health companies are tackling – or failing to tackle – antibiotic resistance in animal agriculture.
“We’ve reached an inflection point on climate adaptation, and there’s a growing sense of urgency around preparing supply chains,” said CEO Himanshu Gupta.
Shiok Meats is planning to open a production facility in its native Singapore by 2023 to cultivate cell-based shrimp, lobster, crab, and crayfish at commercial scale.
The Berkeley, California-based startup said it’ll use the capital to “rapidly” scale its US business while expanding its global presence and releasing new nitrogen fixation products.
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International Fresh Produce Association launches year 3 of its produce accelerator